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Thread: Scalping indicators !!!
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07-02-2013, 12:12 AM #1
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Scalping indicators !!!
Hi every one . we know that scalping is a great and quick way for make money on Forex market .and a scalper can make more money just in few hours .so I am very interested to doing it ,but I have no idea on scalping .so how can I do it .or you can share any indicator which best for this work.
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07-11-2013, 08:56 PM #2
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I think Moving average Is the best indicator for scalping. Also you can use RSI as measurement for market situation. babypips.com is a good site to understand the indicators introduction. By MACD and Bollinger Band you can understand the market moving thread.
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07-14-2013, 01:19 AM #3
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at first i will identify scalping for you which is trading with high lot size in a short period of time to make a good profits in this time,there are many indicators that can be used for scalping like moving averages and stochastic oscillator after changing in their parameter to become suitable for trading with scalping and making of profits
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07-17-2013, 02:39 PM #4
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If you have the discipline and patience, then I think scalping at resistance and support levels specially within the H1 and upper time frames would be easier for you to handle. The appeal for this way of scalping is that it is predictive and a trader can "set and forget" an order as price starts to head to wards any of the major support and resistance levels especially for the first, second and third time of testing those levels.
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07-18-2013, 01:26 AM #5
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scalping indicator shisignal , moving average, invitus , they are best indicator for scalping i am using shisignal and invitus first they are user friendly indicator i mean easy to understand and accurate prediction and signals of these both so i am used this both indicator on m5 chat and it's really help me in scalping
YOUR ONE THANKS IS APRECITAEABLE FOR ME
KINDLY CLICK THANKS
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07-23-2013, 06:50 PM #6
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Hi dear, there are many indicators which can you get for scalping, but I advise you to use the default indicator, take two or three indicators and understand its characteristics. I use boellinger bands and zigzag for scalping. Look for ratio probability which profitable for those of you, with adjusting risk management and strategies you are using. You need to test the strategy in a demo account for a few months.
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07-23-2013, 07:14 PM #7
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Scalping my favorite way of trading,for scalping purposes i use different indicators such as b bands,parabolic sars,difference moving averages etc,scalping is that way of trading in which a trader can take many opportunities and on every opportunity he will enter and will collect few pips,collectively he will gain too many pips,but in scalping you need to having very sharp mind and wise decision making quality.
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07-23-2013, 08:11 PM #8
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Sometimes i use scalping technique in TF M5 by using only 3 indicators Strochastic Oscillator with the following settings, Stroch 1: 5,3,4, stroch 2: 12,4,12 and stroch 3: 24 4 24. Signal when the third stroch had gathered at overbought and oversold area, then that is good time to open position, Pair EUR / USD and avoid an high impact news. If any false, use martiangel averaging strategy. Be careful, the risk is in your hand.